Tag Archives: devaluation

During the course of the Obama Presidency of the last 3-4 years the American Dollar has been in a frightening decline compared the the world’s strongest currencies. As Obama prints money and continues his campaign to redistribute wealth, it’s become … Continue reading →

Combine the decline in value of the US Dollar due to massive printing of money here, with the strengthening Australian economy, and it’s understandable that 5% (plus) interest on a one year CD in Australia is attractive to American Investors. … Continue reading →

Excerpt from recent article from a well-known economist…. Most people don’t know this, but British Sterling was the reserve currency for most of the world for nearly 200 years… for most of the 18th and 19th centuries. It continued to … Continue reading →